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Latin America Pharmaceutical Excipients Market Research Report – Segmented By Product, Functionality, Formulation Type, Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Analysis, Size, Share, Growth, Trends and Forecast (2022 to 2027)

Published: January, 2022
ID: 331
Pages: 138

Latin America Pharmaceutical Excipients Market Size (2022 to 2027)

As per our analysis, the Pharmaceutical Excipients Market size in Latin America was worth USD 0.86 billion in 2022 and estimated to be growing at a CAGR of 6.52% to reach USD 1.18 billion by 2027.

The increasing burden of chronic diseases, growing prominence on superior pharmaceutical products, bio-similar, and generics that leads to the growing stipulation for novel excipients are majorly driving the Latin American Pharmaceutical Excipients market growth. Increasing the concentration of major manufacturing industries on expenditure in the healthcare sector, rising demand for drug delivery, and growing stipulation for biological drugs due to immediate effects, among others, further boost the market growth. Accessibility of high-quality raw materials and excipients and the uptake of multifunctional excipients is also propelling the Latin American pharmaceutical excipients market growth during the forecast period.

Growing strict regulations regarding the approvals for drugs and excipients among the cost and the time-intensive drug development process are expected to obstruct the market growth during the review period. Reducing research and development investments and rising quality compliance are those factors responsible for restraining the market growth during the period. The cost associated with the production is so expensive that pharmaceutical companies cannot afford it, and strict government regulations are likely to limit market growth during that period.

This research report on the Latin American Pharmaceutical Excipients Market has been segmented and sub-segmented into the following categories:

By Product: 

  • Organic Chemicals
    • Oleochemicals
    • Carbohydrates
    • Petrochemicals
    • Proteins
    • Other Organic Chemicals
  • Inorganic Chemicals
    • Calcium Phosphates
    • Metal Oxides
    • Halites
    • Calcium Carbonates
    • Calcium Sulfates
    • Other Inorganic Chemicals

By Functionality: 

  • Fillers & Diluents
  • Binders
  • Suspension & Viscosity Agent
  • Coatings
  • Disintegrates
  • Flavoring Agents
  • Lubricants
  • Colorants
  • Preservatives
  • Other Functionalities

By Formulation Type: 

  • Oral Formulations
  • Topical Formulations
  • Parenteral Formulations
  • Advanced Delivery Systems

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Regionally, Latin America remains a lucrative market because of the untapped resources in manufacturing facilities and massive numbers of patients. Emerging players in this market are giving stiff competition to the top 10 players who occupy almost 70% of the total market. It can be attributed to the rapid growth of the market and its opportunities in developing countries.

The Mexican pharmaceutical excipients market is expected to dominate the Latin American pharmaceutical excipients market with a significant share of this region, followed by Argentina. Mexico has become a captivating terminus for making investments in the pharmaceutical industry, which owes to the improved regulatory framework. The vast number of pharmaceutical industries and consumption capacity are significant factors supporting the market in this country.

The pharmaceutical excipients market in Argentina is expected to grow with the highest CAGR during the analysis period. The growth of the pharmaceutical excipients market is due to factors like increasing manufacturing, utilization of pharmaceutical products and a large number of internal pharmaceutical producer and also growing expenditure towards the pharmaceutical companies, and even growing investments made by the

Prominent companies leading in the Latin America Pharmaceutical Excipients Market profiled in the report are Ashland Inc., AkzoNobel, Archer Daniels Midland Company, Associated British Foods PLC, BASF SE, Colorcon, Inc., Croda International PLC, Evonik Industries AG, FMC Corporation, Innophos Holdings Inc., J.M. Huber Corporation, Merck Millipore, Roquette Group, The DOW Chemical Company and Lubrizol Corporation.

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Product                                  

                                5.1.1 Organic Chemicals                                

                                                5.1.1.1 Oleochemicals   

                                                5.1.1.2 Carbohydrates   

                                                5.1.1.3 Petrochemicals  

                                                5.1.1.4 Proteins

                                                5.1.1.5 Other Organic Chemicals               

                                5.1.2 Inorganic Chemicals                            

                                                5.2.1.1 Calcium Phosphates        

                                                5.2.1.2 Metal Oxides      

                                                5.2.1.3 Halites   

                                                5.2.1.4 Calcium Carbonates         

                                                5.2.1.5 Calcium Sulfates

                                                5.2.1.6 Other Inorganic Chemicals            

                5.2 By Functionality                                        

                                5.2.1 Fillers & Diluents                   

                                5.2.2 Binders                     

                                5.2.3 Suspension & Viscosity Agents                       

                                5.2.4 Coatings                   

                                5.2.5 Disintegrants                          

                                5.2.6 Flavoring Agents                   

                                5.2.7 Lubricants & Glidants                          

                                5.2.8 Colorants                 

                                5.2.9 Preservatives                         

                                5.2.10 Other Functionalities                        

                5.3 By Formulation Type                                              

                                5.3.1 Oral Formulations                

                                                5.3.1.1 Tablets  

                                                5.3.1.2 Capsules               

                                                5.3.1.3 Liquid Formulations         

                                5.3.2 Topical Formulations                           

                                5.3.3 Parenteral Formulations                   

                                5.3.4 Advanced Delivery Systems                            

6. Geographical Analysis                                                              

                                6.1 Introduction                               

                                6.2 Brazil                             

                                6.3 Mexico                         

                                6.4 Rest of Latin America                             

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Ashland Inc.                               

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 AkzoNobel                                  

                8.3 Archer Daniels Midland Company                                     

                8.4 Associated British Foods PLC                                               

                8.5 BASF SE,                                       

                8.6 Colorcon, Inc.                                            

                8.7 Croda International PLC                                        

                8.8 Evonik Industries AG                                              

                8.9 FMC Corporation                                     

                8.1 Innophos Holdings Inc.,                                         

                8.11 J.M. Huber Corporation                                      

                8.12 Merck Millipore                                      

                8.13 Roquette Group                                    

                8.14 The DOW Chemical Company                                           

                8.15 The Lubrizol Corporation                                    

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

 

  1. Latin America Pharmaceutical Excipients Market, By Region, From 2021to 2027 (USD Million)
  2. Latin America Pharmaceutical Excipients Market, By Product, From 2021to 2027 (USD Million)
  3. Latin America Organic Chemicals Market, By Region, From 2021to 2027 (USD Million)
  4. Latin America Inorganic Chemicals Market, By Region, From 2021to 2027 (USD Million)
  5. Latin America Pharmaceutical Excipients Market, By Functionality, From 2021to 2027 (USD Million)
  6. Latin America Fillers & Diluents Market, By Region, From 2021to 2027 (USD Million)
  7. Latin America Binders Market, By Region, From 2021to 2027 (USD Million)
  8. Latin America Suspension & Viscosity Agents Market, By Region, From 2021to 2027 (USD Million)
  9. Latin America Coatings Market, By Region, From 2021to 2027 (USD Million)
  10. Latin America Disintegrants Market, By Region, From 2021to 2027 (USD Million)
  11. Latin America Flavoring Agents Market, By Region, From 2021to 2027 (USD Million)
  12. Latin America Lubricants & Glidants Market, By Region, From 2021to 2027 (USD Million)
  13. Latin America Colorants Market, By Region, From 2021to 2027 (USD Million)
  14. Latin America Preservatives Market, By Region, From 2021to 2027 (USD Million)
  15. Latin America Other Functionalities Market, By Region, From 2021to 2027 (USD Million)
  16. Latin America Pharmaceutical Excipients Market, By Formulation Type, From 2021to 2027 (USD Million)
  17. Latin America Oral Formulations Market, By Region, From 2021to 2027 (USD Million)
  18. Latin America Topical Formulations Market, By Region, From 2021to 2027 (USD Million)
  19. Latin America Parenteral Formulations Market, By Region, From 2021to 2027 (USD Million)
  20. Latin America Advanced Delivery Systems Market, By Region, From 2021to 2027 (USD Million)
  21. Latin America Organic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  22. Latin America Oleochemicals Market, By Region, From 2021to 2027 (USD Million)
  23. Latin America Carbohydrates Market, By Region, From 2021to 2027 (USD Million)
  24. Latin America Petrochemicals Market, By Region, From 2021to 2027 (USD Million)
  25. Latin America Proteins Market, By Region, From 2021to 2027 (USD Million)
  26. Latin America Other Organic Chemicals Market, By Region, From 2021to 2027 (USD Million)
  27. Latin America Inorganic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  28. Latin America Calcium Phosphates Market, By Region, From 2021to 2027 (USD Million)
  29. Latin America Metal Oxides Market, By Region, From 2021to 2027 (USD Million)
  30. Latin America Halites Market, By Region, From 2021to 2027 (USD Million)
  31. Latin America Calcium Carbonates Market, By Region, From 2021to 2027 (USD Million)
  32. Latin America Calcium Sulfates Market, By Region, From 2021to 2027 (USD Million)
  33. Latin America Other Inorganic Chemicals Market, By Region, From 2021to 2027 (USD Million)
  34. Latin America Oral Formulations Market, By Type, From 2021to 2027 (USD Million)
  35. Latin America Tablets Market, By Region, From 2021to 2027 (USD Million)
  36. Latin America Capsules Market, By Region, From 2021to 2027 (USD Million)
  37. Latin America Liquid Formulations Market, By Region, From 2021to 2027 (USD Million)
  38. Brazil Pharmaceutical Excipients Market, By Product, From 2021to 2027 (USD Million)
  39. Brazil Pharmaceutical Excipients Market, By Functionality, From 2021to 2027 (USD Million)
  40. Brazil Pharmaceutical Excipients Market, By Formulation Type, From 2021to 2027 (USD Million)
  41. Brazil Organic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  42. Brazil Inorganic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  43. Brazil Oral Formulations Market, By Type, From 2021to 2027 (USD Million)
  44. Argentina Pharmaceutical Excipients Market, By Product, From 2021to 2027 (USD Million)
  45. Argentina Pharmaceutical Excipients Market, By Functionality, From 2021to 2027 (USD Million)
  46. Argentina Pharmaceutical Excipients Market, By Formulation Type, From 2021to 2027 (USD Million)
  47. Argentina Organic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  48. Argentina Inorganic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  49. Argentina Oral Formulations Market, By Type, From 2021to 2027 (USD Million)
  50. Mexico Pharmaceutical Excipients Market, By Product, From 2021to 2027 (USD Million)
  51. Mexico Pharmaceutical Excipients Market, By Functionality, From 2021to 2027 (USD Million)
  52. Mexico Pharmaceutical Excipients Market, By Formulation Type, From 2021to 2027 (USD Million)
  53. Mexico Organic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  54. Mexico Inorganic Chemicals Market, By Type, From 2021to 2027 (USD Million)
  55. Mexico Oral Formulations Market, By Type, From 2021to 2027 (USD Million)

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